1view

$285,000

2907 Millmar Dr, Dallas, TX, 75228

Off Market

3 Beds

2 Bath

1,152 Sq Ft

Single Family Residence

$247.4 / sqft

Built in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave

Exterior

Lot Size7,353 sqft

Building Information

Year Built1954

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000712999000000

Lot Number31

SubdivisionShiloh Park

Land UseResidential

Legal DescriptionSHILOH PARK BLK B/7311 LT 31 INT202300254130 DD12192023 CO-DC 7311 00B 03100 3007311 00B

Census Tract012501

Assessed Land Value$60,000

Assessed Improvement Value$223,090

Assessment Year2025

About this property

Down Payment and closing costs grant eligible (approx $16,200) Conventional loan. Must Qualify. Completely renovated and move in ready. Renovations include updated plumbing and electrical. New sheet rock texture and paint. All new plumbing and lighting fixtures. New kitchen cabinets and quartz countertops. Stainless steel appliances (gas range). New bathrooms include vanities and tile updates. Huge fenced back yard. Updated windows and doors. New HVAC and Water Heater.

Investor Tools

$283,090

Estimated Property Value

$276,450Estimated Mortgage Balance

$18,746Estimated Equity

2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,710 /month

Positive

Cash Flow Estimate:

$570 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$645/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,327

$283,090

2025

$60,000

$223,090

$283,090

No

Tax History

Year

Tax Paid

Assessed Value

2024

$6,327

$283,090

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$276,450

No

First

Dec 19, 2023

Jan 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$264,344

$18,746

6%

93%

$1,658/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,658/mo

+$314/mo

8.4%

Learn About the Market: Opportunity in Dallas

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DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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